Dan Carpenter: Bad boys and good business

9:43 AM,
Dec. 4, 2012

Written by

Dan Carpenter
| The Indianapolis Star

Costco and Cummins got the memo. They just didn't treat it as Holy Writ.

In recent days, I happened to read a batch of articles about the wholesale consumer phenomenon and spent some time with representatives of the Indiana-based manufacturing giant; and I'll tell you, they set current conventional wisdom on its ear.

Costco has been catching grief from Wall Street for years for allegedly paying its employees too much and holding its prices too low. ...